Whitechurch Securities' managing director Gavin Haynes says a manager's hedge fund expertise is a key factor in selecting funds for its new absolute return strategy.

The FSA has issued a consumer warning about an IFA firm for expats which may have cashed in on clients' investment products.

Guernsey, Jersey and the Isle of Man are cautiously optimistic they will not be blacklisted in the G20 crackdown on tax havens and hope the islands could benefit as other jurisdictions come under the spotlight.

Lichtenstein will bow to pressure to curb its bank secrecy laws and embrace exchange of information in a bid to combat tax evasion and fraud.

Foreign savings providers such as ICICI, the Indian bank, are back in fashion among Britons desperately searching for high returns on their savings.

The FSA says it has no plans to launch an investigation into the mis-selling of structured products by banks, despite increasing concern investors have been misled.

Here we list who has moved where in another busy week in the offshore sector.

The Cayman Islands Monetary Authority (CIMA) has signed a memorandum of understanding (MoU) to strengthen cooperation and information sharing with Brazil.

The Dow Jones closed up for the third consecutive session on Thursday, adding 239.66 points (3.36%) to 7,170.06 (3.36%).

The ABI has called for an EU-wide "supervisor of supervisors" to be created to regulate the financial services.